MML Investors Services LLC acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 83,467 shares of the company's stock, valued at approximately $4,428,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Stephens Consulting LLC grew its holdings in iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after acquiring an additional 189 shares during the last quarter. AlphaMark Advisors LLC grew its stake in shares of iShares Bitcoin Trust by 8.9% in the fourth quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company's stock worth $130,000 after purchasing an additional 200 shares during the last quarter. Pathway Financial Advisers LLC grew its stake in shares of iShares Bitcoin Trust by 52.9% in the fourth quarter. Pathway Financial Advisers LLC now owns 665 shares of the company's stock worth $35,000 after purchasing an additional 230 shares during the last quarter. SouthState Corp increased its holdings in iShares Bitcoin Trust by 5.5% in the fourth quarter. SouthState Corp now owns 4,411 shares of the company's stock valued at $234,000 after purchasing an additional 230 shares during the period. Finally, Mosley Wealth Management raised its position in iShares Bitcoin Trust by 2.5% during the 4th quarter. Mosley Wealth Management now owns 9,341 shares of the company's stock worth $496,000 after purchasing an additional 231 shares during the last quarter.
iShares Bitcoin Trust Trading Up 1.9 %
NASDAQ IBIT opened at $54.27 on Friday. The business's 50-day moving average price is $48.79 and its two-hundred day moving average price is $50.57. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75.
iShares Bitcoin Trust Profile
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Free Report)
The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.
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